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European markets keep climbing after dovish Fed

June 20, 2019

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European markets continued to rally after the U.S. Federal Reserve indicated it was considering future rate cuts at its policy meeting Wednesday.

How did markets perform?

The Stoxx 600 SXXP, +0.68% was 0.7% higher at 387.6, following Wednesday’s rally of 1.7%.

The U.K.’s FTSE 100 UKX, +0.63% was up 0.6% to 7,452.5. On Wednesday the index closed 1.2% higher.

The pound GBPUSD, +0.3560% was up 0.3% to $1.2682, more than erasing Wednesday’s gap down of 0.1%.

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